Little impact on Asian steel industry from Kobe Steel data fabrication – sources

The impact on the Asian steel markets from Kobe Steel's data fabrication has been limited so far, market sources told Metal Bulletin this week.

“There have not been any fundamental changes in demand and supply as of now. It remains to be seen how the company manages the fallout,” said an industry source based in Singapore. “It would likely impact how Kobelco run their operations in the future. But as of now, there is no firm indication on this will change the markets,” he added. It is stilly too early to say what will be the impact of the revelations...


Paul Lim

October 13, 2017

06:55 GMT